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Reserve Bank to scrap LVR restrictions

Tuesday 21st of April 2020

The central bank wants to scrap the LVR restrictions "in response to the economic downturn caused by the Covid-19 pandemic", it said this morning.

The Reserve Bank has opened a seven day consultation on the decision, and if effected, the change will be made in the bank's Condition of Registration, it said.

If the restrictions are lifted, it would mark the end of ne...

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